Long-Term Care: Economic Issues and Policy Solutions

Ensuring long-term care (LTC) is one of the most urgent problems in health care today. This text addresses important objectives surrounding long-term healthcare, including: the arrangements and institutions designed to protect the disabled and dependent elderly people in various countries, and evaluation of their respective merits; the projections of future costs of protection for dependent elderly; and assessment of the impact of improvements in disability-free life expectancy on the future cost of care and choices between informal and formal care. The text also analyzes different theoretical approaches in modeling decisions referring to LTC services to be provided both within and between generations.